In: Statistics and Probability
.....7
1) Independent tests are carried out to determine how far a two-man boat will travel on 4 liters of gas. A sample of 5 boats are tested and the 5 distances have a mean of 45.1 km and a standard deviation of 4.32 km. Construct a 99% confidence interval for the mean distances traveled for all two-man boats.
2) A survey is done and 512 homes are surveyed. 309 of them say they like cats.
a) Find p and q
b) Find the maximum error of estimate assuming a 98% confidence level.
Solution :
1) Given that,
Point estimate = sample mean = = 45.1
sample standard deviation = s = 4.32
sample size = n = 5
Degrees of freedom = df = n - 1 = 5 - 1 = 4
At 99% confidence level
= 1 - 99%
=1 - 0.99 =0.01
/2
= 0.005
t/2,df
= t0.005,4 = 4.604
Margin of error = E = t/2,df * (s /n)
= 4.604 * ( 4.32 / 5)
Margin of error = E = 8.89
The 99% confidence interval estimate of the population mean is,
± E
= 45.1 ± 8.89
= ( 36.21, 53.99 )
2) Given that,
n = 512
x = 309
a) Point estimate = sample proportion = = x / n = 309 / 512 = 0.604
1 - = 1 - 0.604 = 0.396
b) At 98% confidence level
= 1 - 98%
=1 - 0.98 =0.02
/2
= 0.01
Z/2
= Z0.01 = 2.326
Maximum of error = E = Z / 2 * (( * (1 - )) / n)
= 2.326 (((0.604 * 0.396) / 512)
= 0.050